Has Obama Been Good for Millionaires?

The question of whether Americans are better off than they were four years ago depends, of course, on the American.For the 12 million unemployed, the answer is most certainly no.But for many of America's millionaires, the answer may be more affirmative.A new study from WealthInsight, the London-based wealth-research and data firm (and yes, they are non-partisan), showed that the United States added...

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Obama Wins 2012 Election: Why Your Taxes Are Going Up

When President Obama and the new Congress begin to tackle important legislation and federal policy in January, one of the key issues will be how to reform America's byzantine tax code.Obama campaigned on a platform to raise taxes on the wealthiest Americans, declaring that millionaires and billionaires need to "pay their fair share." The president proposed the highly controversial "Buffett Rule,"...

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Wall Street sinks after election as "fiscal cliff" eyed

NEW YORK (Reuters) - The Dow industrials lost more than 300 points in a sell-off on Wednesday that drove all major stock indexes down over 2 percent in the wake of the presidential election as investors' focus shifted to the looming "fiscal cliff" debate and Europe's economic troubles.The Standard & Poor's 500 Index posted its biggest daily percentage drop since June, with all 10 S&P sectors...

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Soccer-Coach Fernandez leaves bottom club Nancy

PARIS, Jan 11 (Reuters) - Coach Jean Fernandez has left Ligue 1 basement side Nancy after 18 months in charge, the French club said on Friday."On Thursday, Jean Fernandez told the players and the management he was leaving the club," Nancy said on their website (www.asnl.net).The club's academy director, Patrick Gabriel, would serve as interim coach for Saturday's home league game against Lille, they...

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Soccer-Aguero's comeback still a week away, says Mancini

LONDON, Jan 11 (Reuters) - Manchester City striker Sergio Aguero will miss Sunday's match against Arsenal and faces another week on the sidelines with a hamstring injury, manager Roberto Mancini said on Friday.The 24-year-old Argentine, who is City's joint top-scorer this season with 10 goals, picked up the injury in City's 3-0 win over Stoke City on New Year's Day and was forced to sit out their...

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Soccer-Milito could return for Inter after injury

ROME, Jan 11 (Reuters) - Diego Milito could return for Inter Milan as they look to get their Italian title challenge back on track against struggling Pescara on Saturday (1945 GMT).The Argentine striker missed Inter's 3-1 defeat at Udinese last week due to a knee injury but manager Andrea Stramaccioni said on Friday that he was well again."Milito has recovered; he has a small problem with his knee...

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Soccer-Wenger optimistic over Walcott's Arsenal future

LONDON, Jan 11 (Reuters) - Arsenal manager Arsene Wenger said he was "optimistic" that England international Theo Walcott will commit his long-term future to the London club and sign a new deal.Barely a week goes by without the Frenchman being asked whether progress has been made on persuading top scorer Walcott to stay at the Emirates Stadium.Walcott, who has hit eight Premier League goals this...

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"GameStick" Will Be the Size of a USB Memory Stick, Plug into Your TV

When the Ouya game console (scheduled to launch in April) made headlines last year, it was for three reasons. One, its size and price -- the $99 box, which plugs into a TV, is the size of a Rubik's cube. Two, its choice of operating system -- it runs the same Android OS which powers smartphones and tablets. And three -- its rise to fame on Kickstarter, where it shattered records and received millions...

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5 Predictions for Mobile Tech in 2013

If denial isn't just a river in Egypt, then mobile isn't just a city in Alabama. And if 2012 proved one thing, it's that there's no denying mobile is the present and future of technology.Sales figures for mobile devices reached new heights in 2012. Market research firm Gartner predicted tablet sales would near 120 million, about doubling the total sold in 2011.[More from Mashable: Would You Make...

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Baby Bones Found Scattered in Ancient Italian Village

SEATTLE — The death of an infant may not have been an occasion for mourning in ancient Italy, according to archaeologists who have found baby bones scattered on the floor of a workshop dating to the seventh century B.C.The grisly finds consist of bone fragments uncovered over years of excavation at Poggio Civitate, a settlement about 15 miles (25 kilometers) from the city of Siena in what is now...

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